Which of the Following Types of Law Is Created by an Agency

question 2

Multiple Choice

Which of the following types of law is created by an agency through written regulations?

• A) Administrative law
• B) Case law
• C) Public law
• D) Statutory law

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Definitions:

Base Year

A specific year against which economic or financial data is compared to measure economic performance over time.

Structural Unemployment

A type of unemployment resulting from a discrepancy between the skills available in the workforce and those required by employers.

Skills

The abilities and expertise acquired through training or experience that enable an individual to perform tasks effectively.

Natural Rate

The level of unemployment or interest that exists when an economy is balanced, not affected by short-term fluctuations or cyclical, structural factors.